Background*

Mr. George W. Wellde, Jr. served as Managing Director of Goldman Sachs Group Inc. since 1996. Mr. Wellde joined Goldman Sachs in 1979, became a partner in 1992. He also served as a Branch Manager of the Goldman Sachs Tokyo office and head of its Fixed Income Division from 1994 to 1999. He served as the Head of North America Sales at the Fixed Income, Currency and Commodities division. He has been the Chairman of University of Richmond' since 2006. Mr. Wellde served as ... a Vice Chairman of the Securities Division at Goldman, Sachs & Co. from 2005 to 2008. Mr. Wellde worked at the Federal Reserve Board of Governors in Washington from 1976 to 1979. He joined the University of Richmond's Board of Trustees in 2000. He has been a Director at Fortress Credit Corporation since August 2009. He serves as a Director of Partnership for Public Service. Mr. Wellde has been a Director of Fortress Investment Group LLC since August 2009. Mr. Wellde serves as a Member of Advisory Council of Acumen Fund, Inc. He serves as a Member of the executive committee of the GAVI Alliance. Mr. Wellde also serves on the board of advisors of George Washington University in Washington, D.C. Mr. Wellde holds a B.S. from the University of Richmond and an M.B.A. from George Washington University.

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